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Tag: nike

Ep 149: The disappointing sales but promising ecommerce business of Adidas and Inditex

What’s going on? Adidas and Inditex (owner of Zara and Bershka) reported lower-than expected annual results, but their ecommerce businesses seem to take off. What does that mean? With so many stores shutting down last year, Inditex’s revenue and profit fell short of investors’ expectations; the latter by over 20%. Since sales haven’t improved much…

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